Core Points - Sichuan Road and Bridge announced the approval of a related transaction for investment in the G5 Jingkun Expressway Chengdu to Ya'an section expansion project [2] - The company will participate in the project through a consortium with Sichuan Highway Bridge Construction Group Co., Ltd., Sichuan Transportation Construction Group Co., Ltd., China Huaxi Enterprises Co., Ltd., and Sichuan Chengyu Expressway Co., Ltd. [2] - The consortium received the bid notification on July 28, 2025, confirming their successful bid for the project [2] - An investment agreement was signed on August 6, 2025, followed by the signing of the general contracting agreement on November 10, 2025 [2]

Core Viewpoint - The construction of various transportation projects in Sichuan is progressing rapidly during the National Day and Mid-Autumn Festival holidays, with a focus on innovation and efficiency in project execution [3][4][5]. Group 1: Transportation Projects - The Chengdu-Ziyang Railway Tianfu Station project has over 800 workers on-site, with multiple construction processes such as metal roofing and interior decoration being carried out simultaneously [4]. - The Chengdu-Ziyang Railway's core traction substation has completed its topping out, marking a significant milestone in the project's electrical engineering phase [5]. - The G5 Jingkun Expressway expansion project has commenced, aiming to complete 900 kilometers of highway construction by the end of the year, contributing to a total highway mileage of over 11,000 kilometers in Sichuan [6]. Group 2: Innovative Construction Techniques - The Tianfu Station project has adopted a novel directional interchange prefabricated box girder technology, which allows for a construction time savings of over two months compared to traditional methods [5]. - The use of Building Information Modeling (BIM) technology in the Chengdu-Ziyang Railway project helps in preemptively addressing structural and pipeline layout issues, thereby reducing construction risks [5]. Group 3: Hydropower and Waterway Projects - The Minjiang River hydropower project at Longxikou has completed its main engineering works, with all nine generator units constructed, and is now focusing on the construction of four dams and associated facilities [7].

Project Overview - Sichuan Road and Bridge Construction Group Co., Ltd. has approved a related transaction for investment in the G5 Jingkun Expressway Chengdu to Ya'an section expansion project through its subsidiary construction enterprises [2] - The consortium, including Sichuan Highway Bridge Construction Group Co., Ltd., Sichuan Provincial Transportation Construction Group Co., Ltd., and others, received a bid notification confirming their successful bid for the project on July 28, 2025 [2] Progress Update - On August 6, 2025, the consortium signed an investment agreement with the project owners, which include the governments of Ya'an, Chengdu, and Meishan [3] - The agreement outlines the responsibilities of both parties, with the project owners (甲方) overseeing the implementation and regulatory compliance, while the consortium (乙方) is responsible for investment, construction, and management [3][4] - The consortium is required to establish a project company with a registered capital of 100 million yuan, with 20.20% of the total project investment to be contributed as capital [5] - The capital contribution is structured to be disbursed in phases, with specific percentages allocated for each year of the project [5] - A performance bond of 111 million yuan has been submitted by the consortium to guarantee the fulfillment of contractual obligations [5]

Core Viewpoint - Sichuan Chengyu (601107.SH) has been awarded the bid for the G5 Jingkun Expressway Chengdu to Ya'an section expansion project, indicating a significant investment opportunity in infrastructure development in Sichuan province [1][2]. Group 1: Project Overview - The project route is 159.115 kilometers long with an estimated total investment of approximately RMB 28.548 billion [2]. - The project's capital contribution is 20.20% of the total investment, amounting to about RMB 5.767 billion [2]. - The company will contribute approximately RMB 4.902 billion, holding an 85% stake in the project [2]. Group 2: Project Duration and Obligations - The tolling period for the project is set for 29 years and 305 days [2]. - The company will sign relevant contracts as per the requirements of the bid notification and will fulfill information disclosure obligations based on the specifics of the contracts signed [2].

智通财经7月22日电，四川路桥(600039.SH)公告称，公司下属施工企业四川公路桥梁建设集团有限公 司、四川省交通建设集团有限责任公司以参股方式与中国华西企业股份有限公司及公司关联方四川成渝 高速公路股份有限公司、四川高路信息科技有限公司组成联合体，参与G5京昆高速公路成都至雅安段 扩容工程投资。本项目总投资285.48亿元，项目自筹资本金比例为20.20%，约为57.67亿元。本公司持 股比例为4%，其中路桥集团、交建集团分别持股1%、3%，共需投入项目资本金约为2.307亿元。该交 易构成关联交易，无需提交股东会审议批准。 四川路桥：下属施工企业参股投资G5京昆高速公路成都至雅安段扩容工程 ...